Buying Swing: Next Week buying long leg of 179 178 pDS at

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: Next Week buying long leg of 179 178 pDS at

Post by MMASSASSIN »

Buying Swing: Next Week buying long leg of 179 178 pDS at .54 area with .19 spread in mind. Will enter short leg before the close if we don’t get stopped out. A position for incase we fall into next week after the sharp move up yesterday on what was originally thought to be perceived as negative market news. Wish to clear between .50-.57. mental stop .19 cents bellow entry. First bearish bet on SPY that iv made this month.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!